CryptoQuant: Long-term Bitcoin holders sold approximately 815,000 BTC in the past 30 days
CryptoQuant stated that long-term holders of Bitcoin have recently significantly reduced their holdings. The institution noted that long-term holders have sold a total of approximately 815,000 Bitcoins, the highest level since 2024. Against the backdrop of weakening demand, the ongoing selling pressure is having a downward impact on prices.
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